*********************************
There is now a CONTENT FREEZE for Mercury while we switch to a new platform. It began on Friday, March 10 at 6pm and will end on Wednesday, March 15 at noon. No new content can be created during this time, but all material in the system as of the beginning of the freeze will be migrated to the new platform, including users and groups. Functionally the new site is identical to the old one. webteam@gatech.edu
*********************************
TITLE: Practical Methods for LNG Inventory Routing
SPEAKER: Kevin Furman
ABSTRACT:
We introduce a practical problem for simultaneous optimization of ship routing and inventory management of LNG. Even though this ship inventory routing problem and the conventional Inventory Routing Problem (IRP) have similar structures, differences arise in various characteristics in the application specifically to the LNG industry. We develop a discrete time optimization model and heuristic algorithms for solving annual delivery plans. Computational results comparing various algorithmic approaches are presented.
Bio:
Kevin Furman has served in a leadership role on various programs and teams related to optimization and logistics research and software application development across multiple ExxonMobil affiliates. He received his PhD in chemical engineering from the University of Illinois at Urbana-Champaign. His 9 years at ExxonMobil have been focused on research, development and leadership in the areas of operations research and process systems engineering. Kevin has been an active member within the research community and professional societies including INFORMS, Mathematical Optimization Society and AIChE.
